Unit ID: U1793110
8% Rental Yield
Rawai, Phuket Town,Phuket
$355,000
3 Bedrooms
3
Bathrooms
2,691 Sqft
Indoor Area
Completed

About This Townhouse

This property is a 2,691 Sqft townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Oxygen Condominium Rawai project in Rawai, Phuket. You can buy this townhouse for a base price of $355,000 ($132/Sqft) and it is also available for long term rentals starting from $2,250 per month.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace DuplexDuplex BalconyBalcony Washing MachineWashing Machine TVTV

Basic Information

Date Listed Apr 8, 2024
Updated 2 weeks ago
Property Type Townhouse
Storeys N/A
Location Rawai, Phuket
Bedrooms 3
Nearest Landmark Rawai Beach -2.1 Km
Indoor Area 2,691 Sqft
Price per Sqft $132
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 2,153 Sqft
Pets Not Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) in their own name, but not the land that it stands on.

N/A
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

N/A
Land Title Deed N/A
Construction Completed
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Mountain View, Pool View, Garden View
Unit Type N/A
Parking Spots N/A
Pool Size n/a
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1793110

Investment Opportunity: Charges & Yield

Sale Price
$355,000
Rent
$2,250/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
13
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
8%

Project Details

Project Name: Oxygen Condominium Rawai
Developer: N/A
Construction: Completed (Jan 2008)
Units: 26
Project Area: N/A
Nearest Landmark Rawai Beach - 2.1 Km
Location: Rawai, Phuket
Oxygen Condominium Rawai Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Oxygen Condominium Rawai

For Sale 1 For Rent 1
Get notified when new homes are being added to Oxygen Condominium Rawai
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Frequently Asked Questions

No pets are allowed at Oxygen Condominium Rawai unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Rawai Beach is the nearest Beach from Oxygen Condominium Rawai and it is 2.1 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at Oxygen Condominium Rawai you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

 

Read more here

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Phuket
Rawai

Neighborhood Overview

Location and Neighborhood

Street View

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